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The chief executive, Arun Sarin, left, said the company continued to perform strongly across Europe and in the United States, where it is part owner of Verizon Wireless, but was still struggling in Japan, where it lags its competitors in offering third-generation mobile phone technology.
It also said that moves to expand into commodities and prime brokerage, where it lags many of its peers, will make it less dependent on its big fixed-income business.
Google does not disclose the size of its business in China, where it lags home-grown search powerhouse Baidu, but analysts peg Google's annual China revenue at between $200 million £1233 million) and $600 million £3699 million).
Where it lags is in original programming.
But some analysts say that for Sony to climb back to profit, it must take more drastic measures, like exiting product areas where it lags behind rivals.
Studios like Summit Entertainment, which used the service to help promote the recent movie "Bandslam," can see where fan interest is hot and where it lags by looking at which area codes are responding.
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The places where it lagged became especially noticeable.
Where it really lags is in measures of responsiveness and accountability.
The focus on job creation may, meanwhile, have led the state to underinvest in education, health care and infrastructure, areas where it badly lags the nation as a whole.
Yet the TPP is designed to boost trade where it currently lags: in services, which account for most of rich countries' GDP but only a small share of trade.
I expect some announcements around Chrome OS, potentially addressing some of the areas where it still lags behind traditional Windows and Mac PCs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com